Most operators assume the best farms in their region are spending a lot more to get a lot more out of their land. The data says otherwise. Travis Girard, a farm management consultant with MNP, and Dean Klippenstine, also with MNP, return for the second session in the Know Your Numbers benchmarking series, drawing on a database that now covers roughly 1,500 farms and 8.5 million acres across the Prairies.
What's Inside
- Why the production expense gap between top performing farms and average ones came in at just seven dollars an acre, not the twenty five to fifty most people guessed
- Seven years of profitability data across the region, including the one year almost everyone assumes was the worst, and wasn't
- The three things Dean Klippenstine says separate profitable farms from the rest, starting with crop selection
- Why labor, power, and machinery costs come down to mindset more than acres under management
- What bringing your three worst fields up to your own farm's average gross margin could be worth in a year
Resources Mentioned
MNP
MNP Know Your Numbers benchmarking series
Connect with Travis Gerrard:
Travis Gerrard
Connect with Dean Klippenstine:
Dean Klippenstine
Linked In: Dean Klippenstine
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